Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.74 per $10,000 · paid last 24h +0.037%
Price spread now: Paradex against Phemex+0.013%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex u1000PEPEUSDT | 0.000005099 | 0.0578 | pay 0.0578% / 8h | 1h 26m | $2.4M | $8.0M | 50x |
| Short | Paradex kPEPE-USD-PERP | 0.000005100 | 0.0504 | get 0.0504% / 8h | 1h 26m | $6K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$15.52
- Price spread: +0.013% → 0.000%
- $1.29
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$30.22
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 2 min ago | 0.49 bp | 13.6 bp −$14 | 34.0 bp −$340 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PEPE on 35 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005086 | −0.261% | $9K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005083 | −0.318% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005077 | −0.429% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005101 | +0.033% | $59K | $181K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005098 | −0.025% | $99.4M | $419.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005097 | −0.045% | $162.2M | $97.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005104 | +0.096% | $25.9M | $72.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005079 | −0.406% | $595K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005095 | −0.093% | $28K | $541K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005097 | −0.047% | $2K | $2.7M | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005089 | −0.208% | $589K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0188% | 1h | 0.000005095 | −0.084% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005091 | −0.168% | $8K | — | 15x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0283% | 1h | 0.000005098 | −0.025% | $154K | $822K | 25x | as long as short |
| Bitget PEPEUSDT | +0.0288% | 8h | 0.000005101 | +0.041% | $45.5M | $215.7M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0392% | 8h | 0.000005094 | −0.112% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0408% | 8h | 0.000005100 | +0.014% | $47.3M | $724.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0423% | 1h | 0.000005101 | +0.037% | $74K | $859K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0458% | 1h | 0.000005094 | −0.097% | $4.6M | $16.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERPshort | +0.0504% | 8h | 0.000005100 | +0.013% | $6K | — | 20x | |
| BloFin PEPE-USDT | +0.0531% | 8h | 0.000005094 | −0.104% | $4.5M | $29.3M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0536% | 1h | 0.000005093 | −0.124% | $73K | $127K | 25x | as long as short |
| Phemex u1000PEPEUSDTlong | +0.0578% | 8h | 0.000005099 | long leg | $2.4M | $8.0M | 50x | |
| Lighter 1000PEPE | +0.0624% | 1h | 0.000005104 | +0.092% | $608K | $9.1M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005088 | −0.222% | $684K | $38.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0656% | 1h | 0.000005115 | +0.308% | $818 | $3K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0727% | 8h | 0.000005103 | +0.065% | — | $217.7M | — | as long as short |
| Nado kPEPE-PERP | +0.0763% | 1h | 0.000005087 | −0.241% | $164K | $959K | 10x | as long as short |
| MEXC PEPE_USDT | +0.0766% | 8h | 0.000005102 | +0.055% | $98.6M | $304.9M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0766% | 8h | 0.000005102 | +0.049% | $1.7M | $11.8M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0767% | 8h | 0.000005102 | +0.057% | $140.5M | $1.46B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0768% | 1h | 0.000005100 | +0.005% | $538K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0768% | 1h | 0.000005095 | −0.084% | $144K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0943% | 1h | 0.000005108 | +0.171% | $52.8M | $156.4M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1131% / S −0.2257% | 1h | 0.000005000 | −1.947% | $63K | — | 100x | as long as short |
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
BingX 1000PEPE-USDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]